Question: Write simple R code, calculate the interest earned on an investment of $2000, interest rate of 3%, compounded annually, for 1,2,3, .., 30 years.
Write simple R code, calculate the interest earned on an investment of $2000, interest rate of 3%, compounded annually, for 1,2,3, .., 30 years.
Step by Step Solution
3.38 Rating (148 Votes )
There are 3 Steps involved in it
Objective we need to Compute the compound interest Calculat ed on the inuestr... View full answer
Get step-by-step solutions from verified subject matter experts

